Economic Security Planning, Inc. Today’s column addresses questions about taking spousal benefits before later qualifying for retirement benefits, available recourses in case Social Security mishandled a claim and deciding between taking retirement or survivor’s benefits first. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
Month: November 2020
Silestone used here as the countertop. Photo courtesy of Silestone. The use of quartz surfacing has grown over the last several years. It is becoming increasingly popular because of its durability, unlimited color options, consistency of the slabs, nonporous nature and ease of maintenance. I had an opportunity to interview Edwardo Cosentino, the son of
Is your Pharmacy in or out of network? getty Jim, one of my exercise buddies, sees doctors and visits hospitals affiliated with the largest healthcare system in his community. Checking the Annual Notice of Changes, he discovered that his drug plan is dropping the system’s pharmacy from its network. Jim didn’t think that was a big
This is a comparison of Thursday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policy-making meeting on Sept. 16. Text removed from the September statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined.
General Motors CEO Mary Barra speaks to the news media June 12, 2018 in Detroit, Michigan. Bill Pugliano | Getty Images General Motors is set to report its third-quarter earnings before the bell on Thursday. Here’s what Wall Street is expecting, based on average analysts’ estimates compiled by Refinitive. Adjusted EPS: $1.38 Revenue: $35.51 billion
The Federal Reserve held short-term borrowing rates near zero in a decision Thursday that characterized the economy as growing but not near where it was before the coronavirus pandemic hit. As markets widely expected, the Fed kept its benchmark interest rate anchored in a range between 0%-0.25%, where it has been since an emergency cut
At Whole Foods, every employee knows what everybody else is making. It’s a practice called “wage transparency.” The average pay of professional titles of employees is published on the Whole Foods website. Whole Foods CEO John Mackey thinks of wage transparency as a source of motivation for employees. “It gives people something to strive for,”
“Fearless Girl”, a bronze sculpture by Kristen Visbalthe, is seen with a voting sticker in front of the New York Stock Exchange in the Wall Street Financial District of Manhattan on November 4, 2020 in New York. Kena Betancur | AFP | Getty Images Big-money investors are growing more excited about the stock market as
Clerkenwell | Vetta | Getty Images Socially responsible, or sustainable, investing — investing in ways to make the world a better place — continues to surge, driven by increasing consumer demand and the recognition that sustainable funds provide returns comparable to traditional funds in addition to lower risk. The first half of 2020 saw a
People ride scooters past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images The Federal Reserve said Thursday it would keep its benchmark interest rate near zero for as long as it takes to help the economy bounce back from the coronavirus crisis. In addition to
When the pandemic hit in March, Kelly Kearney, owner of Pacific Fine Food Catering in Alameda, California, initially thought things might go back to normal after a couple of months. She bought the company in 2004 and built up a business with a loyal, dependable staff and long-time clients. At age 58, she wasn’t intending
App-based drivers from Uber and Lyft protest in a caravan in front of City Hall in Los Angeles on … [+] October 22, 2020 where elected leaders hold a conference urging voters to reject on the November 3 election, Proposition 22, that would classify app-based drivers as independent contractors and not employees or agents. (Photo
Villa Machiavelli in Tuscany, created at the behest of Cardinal Francesco Maria Machiavelli in the … [+] late 15th-century. Courtesy Villa Machiavelli Somewhere among Tuscany’s rolling hills, speckled with vineyards stretching beyond the horizon, nestles a piece of history. A prominent pink structure, said to be designed by the great Michelangelo himself, Villa Machiavelli was
Are low yielding fixed income investments your best option? getty Almost all retirees and soon-to-be retirees who need their financial assets to fund their remaining years would like a retirement plan that tells them how much they can draw safely every month without fear of running out. A common response is to shift their portfolios
Black Entertainment Television founder Robert Johnson doesn’t have much faith in a potential Joe Biden presidency. In fact, he doesn’t see the Democratic Party as a good choice for African Americans altogether, he told CNBC. “I think Black Americans are getting a little bit tired of delivering huge votes for the Democrats, and seeing minimal
SINGAPORE — A Biden administration will likely maintain a tough stance on China, but the U.S. rhetoric could soften — and that may help soothe market jitters, chief executive of a major Asian bank said on Thursday. The race to the White House remains too close to call but Democratic candidate Joe Biden appears closer
President Donald J. Trump dances at the end of the rally just before he leaves. Ben Hasty | MediaNews Group | Getty Images SINGAPORE — Asia investors should focus on the strong data coming out of the region instead of the outcome of the U.S. election, said Aberdeen Standard Investments’ Head of Asian Sovereign Debt
Ozge Yagmur / EyeEm | EyeEm | Getty Images Voters in four states on Tuesday greenlighted measures to legalize and tax recreational marijuana for adults. Arizona, Montana, New Jersey and South Dakota have joined the 11 states that have already legalized recreational pot. Those other states are Alaska, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada,
What will your state’s tax hike pay for? Education, bridges, public transportation? getty Arizona has likely flipped from a red state to a blue state, and along with that momentous change, its voters on election day have approved a massive state income tax hike on high earners. Put one way, it’s a 3.5% state income
Amit Haller is the Co-Founder & CEO of Reali, a high-tech, high-touch real estate company founded in 2016. Getty Anyone in the market to buy or sell a home knows the adage “location, location, location” determines value in a real estate sale. As with so much else in 2020, it’s clear this idea is being challenged.
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